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Employee Provident Fund Organisation (EPFO) News
Employee Provident Fund Organisation (EPFO)
EPFO claim online: This laudable initiative launched to bring relief to members
Mon, Jun 15, 2020
In a major development, Employees Provident Fund Organisation (EPFO), a Department under Union Ministry of Labour & Employment, has launched multi-location claim settlement to expedite member claims.
EPFO alert! New Year gift from Modi government - Good news is here!
Sat, Dec 28, 2019
New Year 2020 is almost here, and here is good news from Modi government from EPFO.
Good news for employees! EPF interest rate hike to 8.65 per cent approved by Finance Ministry
Fri, Apr 26, 2019
In what comes as a major good news for salaried employees, the finance ministry has ratified the hike of the Employees Provident Fund (EPF) interest rate to 8.65% as approved by retirement fund manager EPFO.
Have provident fund (PF), but worried about your balance? See if your company is treating you right
Wed, Apr 24, 2019
You can check your PF balance on a regular basis in various ways including EPFO portal, EPFO app, SMS, m-sewa app and Umang App.
EPFO data reveals 8.96 lakh jobs created in January, 76.48 lakh in last 17 months
Fri, Mar 22, 2019
Net employment generation in the formal sector touched a 17-month high of 8.96 lakh in January, according to the latest EPFO payroll data.
EPF transfer on job change to become automated from next fiscal
Sun, Mar 10, 2019
The official explained that the moment the new employer would file the monthly EPF return including the UAN of the new employee, the EPF contributions and interest earned on that would be automatically transferred.
How many jobs created in India? EPFO, PFRDA, ESIC make this claim
Fri, Jan 25, 2019
As many as 1,84,38,748 new members joined the ESI scheme run by ESIC during the 15 months until November 2018, showed the Central Statistics Office (CSO) study based on payroll data of different social security schemes.
EPFO gives massive relief, it will not lodge cases over these accounts
Tue, Oct 23, 2018
Under the PMRPY scheme, the government pays the employers’ Employee Pension Scheme (EPS) share of 8.33% for new employees for the first three years of their job. This scheme, which was launched in late 2016, is targeted at workers earning wages less than Rs 15,000 per month.
ESIC payroll data: 23 lakh jobs lost in 10 months till June
Sat, Aug 25, 2018
As per the retirement fund EPFO`s payroll data, the total number of EPF subscribers went up by 47.13 lakh during the 10-month period till June. And, the total number of new NPS subscribers for the period is 6.10 lakh, the Ministry`s report said.
How many jobs created in India? EPFO has the answer
Tue, Aug 21, 2018
Retirement fund body EPFO is now keeping track of jobs creation activity in India. This system has undergone an upgrade and is now being closely watched to gauge how effective government policies are vis a vis encouraging job creation.
How to check EPF balance online with UAN number
Mon, Jul 09, 2018
It is important to link your EPF account with UAN number.
Money trouble? EPFO withdrawal rules changed, get funds fast now
Wed, Jun 27, 2018
Retirement fund body EPFO members can now benefit from changed rules. EPFO members can now withdraw 75% of their funds after 1 month of unemployment. Full withdrawal can be made after two months, and even after full withdrawal, they can keep their PF account with the body.
EPFO pensions to be doubled? Yes, it has been recommended; 40 lakh pensioners may benefit; Watch Video
Mon, Jun 25, 2018
The pensioners under The Employees’ Provident Fund Organisation (EPFO) may soon get to hear a good news as the government is looking to double the minimum monthly pension for retired organised sector employees.
EPFO Employees Pension Scheme 1995 not enough, Parliamentary committee want more for public
Wed, Mar 14, 2018
The Parliamentary Standing Committee on Labour in its 34th report tabled in Parliament today said it is of the firm opinion that this (Rs 1,000) is too meagre an amount which will not be able to fulfil even the basic monthly needs and requirements of a pensioner. The committee recommended that government undertake an assessment of the pension scheme with particular reference to the right of sustenance of the pensioners and based on the result, consider revision of the amount accordingly